The commercial avionics systems market is projected to grow from USD 16.73 Billion in 2015 to USD 22.49 Billion by 2020, at a CAGR of 6.10% from 2015 to 2020. The base year considered for the study is 2014 and the forecast period is from 2015 to 2020. This market is segmented on the basis of sub-system, platform, fit, and region. The commercial avionics systems market, by sub-system is further segmented as follows:

A number of factors such as increase in aircraft order and deliveries, growth in emerging economies, and increase in adoption of avionics systems in next-generation aircraft are driving the growth of the commercial avionics market. On the other hand, factors such as regulatory issues are restricting the growth of this market. However, emergence of new flight management technology such as ADS-B and increase in operational efficiency offer new growth opportunities for market players operating in the commercial avionics systems market.

The research methodology used to estimate and forecast the commercial avionics systems market begins with capturing data on key commercial avionics systems revenues through secondary research. The bottom-up procedure was employed to arrive at the overall market size of the commercial avionics systems market. After arriving at the overall market size, the total market was split into several segments, which are then verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments included in this report. The breakdown of profiles of primaries is depicted in the below figure:

The ecosystem of the commercial avionics systems market comprises component suppliers, manufacturers, distributors, and end users. The commercial avionics systems market is characterized by direct distribution channels and the presence of OEMs as well as Tier 1 & Tier 2 companies. Some of the key players operating in the commercial avionics systems market include Thales Group (France), General Electric (U.S.), Universal Technologies Corporation (U.S.), and Rockwell Collins (U.S.), among others. These players are adopting strategies such as new product developments, long-term contracts, and expansions to strengthen their position in the commercial avionics systems market. They are also focused on the development of new products by investing a considerable amount of its revenues into research & developmental activities.

Target Audience:

Original Equipment Providers

Avionics Systems Manufacturers

Solution Providers

Software Providers

System Integrators

Aviation Regulatory Bodies

Sub-System Manufacturers

Scope of the Report:

This report categorizes the commercial avionics systems market into the following segments:

Commercial Avionics Systems Market, by Sub-System

Flight Management Systems

Flight Control Systems

Health Monitoring Systems

Navigation, Communication & Surveillance Systems

Electrical and Emergency Systems

Commercial Avionics Systems Market, by Platform

Fixed-wing Aircraft

Narrow Body Aircraft

Wide Body Aircraft

Very Large Aircraft

Regional Aircraft

Rotary-wing Aircraft

Commercial Avionics Systems Market, by Fit

Forward-fit

Retrofit

Commercial Avionics Systems Market, by Region

North America

Europe

Asia-Pacific

Rest of the World (RoW)

Customizations available for the report:

With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the report:

Geographic Analysis

Further breakdown of the Rest of Asia-Pacific Commercial Avionics Systems Market into Australia, Malaysia, and New Zealand, among others

The commercial avionics systems market is projected to reach USD 22.49 Billion by 2020, at a CAGR of 6.10% from 2015 to 2020. Factors such as increase in aircraft order and deliveries, growth in emerging economies, need for real-time data, growing concept of integrated modular avionics, and implementation of avionics systems for next-generation aircraft are driving the growth of the commercial avionics systems market.

Avionics systems have been increasing the interest of various manufacturers and their inclination towards the commercial avionics systems market. Government organizations and private agencies have been investing in the manufacture and development of advanced and efficient avionics sub-systems.

The commercial avionics systems market is segmented on the basis of platform, sub-system, fit, and region. By sub-system, the market is categorized into flight management systems, flight control systems, health monitoring systems, communication, navigation & surveillance systems, and electrical and emergency systems. The flight control systems segment is expected to grow at the highest CAGR during the forecast period. It is further categorized into primary flight control and secondary flight control systems.

On the basis of platform, the commercial avionics systems market is segmented into fixed-wing aircraft and rotary-wing aircraft. The fixed-wing aircraft segment is estimated to account for the largest share in the commercial avionics systems market, in 2015. This segment is further categorized on the basis of aircraft type, such as very large aircraft, narrow body aircraft, wide body aircraft, and regional transport aircraft. Among them, the narrow body aircraft segment is expected to grow at the highest CAGR during the forecast period.

On the basis of region, this market is categorized into North America, Europe, Asia-Pacific, and rest of the world (RoW).

The commercial avionics systems market is dominated by North America, followed by Europe, Asia-Pacific, and rest of the world (RoW). The Asia-Pacific region, being a diverse mix of countries and aviation requirements, is expected to witness the highest number of aircraft deliveries than any other region during the forecast period. The increase in aircraft deliveries is expected to lead the commercial avionics systems market.

On the other hand, factors such as vulnerability of avionics systems to cyber-attacks and regulatory framework are restraining the growth of the commercial avionics systems market.

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Available Customizations Title

Client Consult Problem Statement :

MnMs client was interested in assessing market for Video Surveillance Systems for different aircraft types. The key objective of the study was to determine the current market size and forecast the market of the video surveillance system in different geographies and aircraft type. The client was also interested in comprehensive competitor profiling wherein strategies adapted by key market players were mapped across regions.

Methodology Adopted by MnM: The aircraft video surveillance market is majorly dependent on aircraft deliveries across regions. Extensive secondary research was carried out to find the estimated aircraft deliveries across regions with aircraft type over the forecast period. The aircraft deliveries across the aircraft type and regions were used to estimate the probable market for the video surveillance system. The estimated market was verified by industry experts and sales professionals of major market players. The primaries also shared their opinion on the market growth potential, and market trends and technologies, which was further incorporated while estimating the market size for the forecast period.

Actual Solution Provided:

MnM studied processes across each segment of geography, which was then consequently estimated with reference to other segments across geographies.

The market size across each segment over the forecast period was delivered with reference

The recent industry trends, strategies adopted by major players were identified to same were included in competitive analysis

Different qualitative aspects such as industry trends, drivers, restraints, and opportunities and challenges were identified for major geographies, and the same were included while determining the overall market trend

Detailed value-chain and supply-chain analysis were carried out to get more robust understanding of the industry

Value Delivered:

MnMs client was able to get an insight into different market segments for the market size and trends in particular segments. The client was also able to understand the overall market dynamics with respect to the existing opportunities and challenges.

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